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What is pure gold?

VTC NewsVTC News25/11/2023


What is pure gold?

Pure gold, also known as pure gold, contains 99.99% gold and 0.01% impurities. Because the gold content is 99.99%, pure gold is also called 9999 gold.

Pure gold is bright yellow in color and exists in two forms: solid and powder. Pure gold has good thermal and electrical conductivity. Pure gold is not affected by environmental factors such as air, chemicals, oxidation, etc.

Because of its malleability and softness, pure gold is often combined with alloys during processing to make it harder.

Types of pure gold

On the market, pure gold comes in four types: 10K gold, 14K gold, 18K gold, and 24K gold.

(Illustrative image)

(Illustrative image)

10K Gold : This type of gold has a low pure gold content, only 41% (meaning it's 4 karat), with the rest being mixed with other metals and alloys. After a period of use, 10K gold jewelry will tarnish due to oxidation affecting some of the metals within.

14K Gold : This type of gold has a pure gold content of 58% (meaning it has 6 karats). 14K gold is not as bright or visually appealing as types with higher gold content.

18K gold : This type of gold contains up to 75% gold. The remaining percentage is mixed with other metals such as silver, aluminum, etc.

24K gold: also known as pure gold, contains up to 99.99% gold. 24K gold is not commonly used for jewelry like other types. Instead, 24K gold is cast into gold bars and ingots for buyers to store.

Things to note when buying pure gold.

Monitoring gold price fluctuations: One of the key factors in making the right decision when buying gold is monitoring price fluctuations. Gold prices are always changing, so carefully researching the price helps customers consider the right opportunity, leading to higher returns on their investment.

Choose a reputable brand: To reduce risks when buying gold, customers should choose a reputable brand with clear signage and tax identification numbers.

Note the factors affecting gold prices: These factors include the US dollar, inflation, gold ETFs, oil prices, economic and social factors, wars, etc.

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